General Interest Items – July 23, 2014

Posted on Jul 20 2014 in General by admin

2.1 August Sales Tax Holiday: School Supplies and Clothing – Virginia – August 1-3

 

2.1 August Sales Tax Holiday: School Supplies and Clothing – Virginia – August 1-3

Statewide, Virginia

According to the state tax information website, “First full weekend of August (Friday, Saturday and Sunday) each year. This year the holiday will take place August 1-3, 2014.”

The site further explains, “What’s Exempt: During this three-day period, purchases of qualifying school supplies selling for $20 or less per item, and purchases of qualifying clothing and footwear selling for $100 or less per item will be exempt from sales tax. Retailers may also choose to absorb the tax on other items during the holiday period, but they are responsible for paying the tax on those items to the Department of Taxation.”

See the website for more information including, guidelines, FAQs, lists of exempt school supplies and exempt clothing and footwear, and more.

www.tax.virginia.gov/site.cfm?alias=SchoolSuppliesAndClothingHoliday

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